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Effective as of February 23, 2012

CTCU offers three IRAs to choose from:

Traditional IRA

Allowed to contribute $5,500 per year. If over 50 years of age, your limits increase to $6,500.  Cannot exceed compensation. Reduces contributions that can be made to Roth IRAs.

Roth IRA

Allowed to contribute $5,500 per year. If over 50 years of age, your limits increase to $6,500.  Cannot exceed compensation. Reduces contributions that can be made to Traditional IRAs.

Coverdell ESA (Educational)

Allowed to contribute $2,000 per child each year. Limit applies to all Coverdell Education Savings Accounts (ESA) for same child.

1.00% APY**

**Annual Percentage Yield

*1.00% Dividend Rate

If you have any questions, please call us at 903-561-2603 or 1-877-662-2828.

*Rates could change at any time.
*Minimum deposit of $20.00 is required to open an IRA.
*Dividends are compounded quarterly.
*Minimum balance of $100.00 is required to earn dividends.

Fees could reduce the earnings on the account.